The sensors market in IoT devices to grow at a CAGR of 26.91% during 2016-2022.
Internet of Things (IoT) is an emerging technology which is on the path of rapid developmental growth. Automobiles, goods & services, sensors, consumer durables and industry & utility components among others are now aligned with the internet and data analytic capabilities which is transforming the way people work, live and think. By 2025, it is being projected that more than 100 billion of Internet of Things (IoT) connected devices will be installed which will generate a revenue of close to $10 trillion.
Sensors market in Internet of Things (IoT) connected devices is showing a dynamic growth rate in the forecast period. The main reasons or factors that drive the magnificent growth in this market are: price, capability and size. As the price of sensors is showing a constant decline, their demand has been extensively increasing in all the major verticals including healthcare, transportation, retail and manufacturing among others. Over the years, well known market players are showing their interest in sensors market in Internet of Things (IoT) connected devices.
Players like Google, IBM, Samsung, HTC, Qualcomm, and Bosch among others are investing a large extent in Internet of Things (IoT) sensors market in order to innovate their products as well as to capture the major market share. However, even with such enormous growth, Internet of Things (IoT) sensor market is facing a lot of challenges which are as follows: trust & privacy issues, resorting to lower standards due to cut throat competition and security concerns among others.
Some of the key companies covered in the report are Google, Microsoft, HTC, Bosch, IBM, Qualcomm, and Samsung.
Key Topics Covered:
Executive Summary
1 Report Scope and Methodology
2 Market Dynamics
2.1 Introduction
2.2 Market Drivers
2.2.1 Expanded Internet Connectivity
2.2.2 Extensive Smartphone Adoption
2.2.3 Low Cost Sensors
2.2.4 Large Internet of Things (IoT) Investments
2.3 Market Restraints
2.3.1 Security Concerns
2.3.2 Trust & Privacy
2.3.3 Complex process
2.3.4 Lowering Standards
2.4 Opportunities in the Market
2.4.1 Increasing Development of Smart Cites
2.4.2 Technological Advancement in Medical Industry
3 Competitive Insights
3.1 Key Market Developments & Strategies
3.1.1 New Product Launches, Developments
3.1.2 Partnerships, Joint Ventures, Collaborations and Contracts
3.1.3 Business Expansions and Certifications
3.1.4 Mergers & Acquisitions
3.1.5 Others
3.2 R&D Analysis of Leading Players in Sensors Market in Internet of Things (IoT) devices
3.3 Analysis of Leading Players in Sensors Market in Internet of Things (IoT) Devices
3.4 Industry Attractiveness
4 Global Sensors in Internet of Things (IoT) devices Market Size & Forecast by Sensors Type
4.1 Assumptions for Market Estimation
4.2 Introduction
4.2.1 Pressure Sensors
4.2.2 Pressure Sensors used in different Applications
4.2.3 Temperature Sensors
4.2.4 Temperature Sensors used in different Applications
4.2.5 Light Sensors
4.2.6 Light Sensors used in different Applications
4.2.7 Chemical Sensors
4.2.8 Chemical Sensors used in different Applications
4.2.9 Motion Sensors
4.2.10 Motion Sensors used in different Applications
4.2.11 Other Sensors
4.2.12 Other Sensors used in different Applications
5 Global Internet of Things (IoT) Sensors Market, By Applications
5.1 Global Sensors Market in Internet of Things (IoT) Devices, By Application
5.1.1 Introduction
5.1.2 Business/Manufacturing
5.1.3 Healthcare
5.1.4 Retail
5.1.5 Transport
5.1.6 Others
6 Global Internet of Things (IoT) Sensors Market, By Geography
7 Company Profiles
ARM Holdings
Acuity Brands Inc
Bosch Sensortec
Ericsson
Google Inc.
HTC Corporation
Honeywell International Inc
IBM
Infineon Technologies
Intel Corporation
Invensense Inc
Microsoft Corporation
NXP Semiconductors NV
Omron Corp
Qualcomm Inc
Robert Bosch
STMicroelectronics
Samsung Electronics Co, Ltd.
Siemens
